The smartphone industry is highly demanding at the moment and this has forced OEMs to invest heavily in Research And Development (R&D). Huawei’s investment in innovation is unprecedented. The company has managed to topple Samsung and Apple in some smartphone sectors but it appears that it is not done with innovations.
Recent reports out of China says that Huawei will release a new breakthrough technology in the near future and its commercial value will reach $10 billion. The exact details of this technological breakthrough are not yet clear, but this should be a comprehensive technological advancement. Recall that after the Huawei P20 press conference, Yu Chengdong said that Huawei will have greater technological breakthroughs this year. In describing Huawei’s new tech progress, Mr. Yu used the word, “Very Scary” which suggests that this will be a huge one.
According to another rumor, this “very scary technology” will be the first to be used on an upcoming Honor phone but there is no speculated release date for either the tech or the phone. Today’s hardware innovation in the smartphone industry has entered a bottleneck period. Most devices now come with a similar software and hardware combination and as such, a major plausible change in the software or hardware sector of the industry will make a huge impact on smartphone development.